29 karma · joined May 6, 2014
150 is the new 70
It is the lack of transparency around the CP that is raising eyebrows. Why can't Tether list the papers they are invested in? It is such a simple thing to do.
Could be all their CP holdings are in one company :)
I imagine it would be a lot more convenient to have some hard currency at hand when fleeing a conflict zone. One might need to bribe border guards at some remote location with unreliable (or non-existent) internet connection, to get to safety.
Some times one needs to create new objects return multiple related items from a function. Or use a collection or array. I think it is unnecessary. Other languages (e.g. go or python) have had this for a while now. I taking a wild guess here LISP probably had it since the 1970s.
In go you can do this:
function (x, y int) (sum, prod int) { return x+y, x*y }
It makes a big difference when one is using the same input to generate multiple related outputs.
Coinbase's market cap is going to be higher than both exchanges combined - while doing a fifth of the revenue.
I know that investors are pricing in future earnings potential - but this valuation seems like drinking too much Kool Aid to me.
Competition will change Coinbase's future profitability. Coinbase cannot get away with charging such high commissions/fees for much longer. The entry barriers to setting up crypto exchanges aren't that high. There are plenty of opportunities for people to step with the single USP of lower fees/commissions than Coinbase.
I am not sure we need the distributed timestamping elements for now. I probably have the techniques mixed up